Multiple Choice
Montana Company was authorized to issue 90,000 shares of common stock. The company had issued 33,000 shares of stock when it purchased 5,000 shares of treasury stock. The number of outstanding shares of common stock was:
A) 85,000.
B) 38,000.
C) 28,000.
D) 33,000.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: What is the importance of record date
Q15: A distribution by a sole proprietorship to
Q87: Preferred stockholders' claims to a corporation's assets
Q102: What is a common reason for a
Q112: In which section of the balance sheet
Q116: Fred and Barney started a partnership.
Q118: Indicate how each event affects the horizontal
Q121: The stock market crash of 1929 and
Q122: Which of the following entities would have
Q123: Indicate how each event affects the horizontal